News: Retail

Jamieson of Capital Commercial leases 2,850 s/f to Stop and Save

Capital Commercial Real Estate, LLC recently leased 2,850 s/f of retail space formerly occupied by Blockbuster video at Hockomock Plaza located on Rte. 106. The new tenant, Stop and Save, LLC, will be operating a full service convenience store selling lottery, milk, bread, candy, beverages, chips, coffee, and bagels, as well as many other convenient on the go items. Other tenants located at Hockomock Plaza include Subway, Bridgewater Savings, Hockomock Liquors, and Farley's Flowers. George Jamieson, principal of Capital Commercial Real Estate, LLC, who represented the landlord Amerigian Irrevocable Trust, and procured the tenant, said, "This location has 38,000 cars passing by a day and made perfect sense for a convenience store. In fact, the store was once home to Christy's and 7-Eleven." Interior construction is underway and Stop and Save is planning a September opening. Capital Commercial Real Estate, LLC is a full service commercial real estate firm providing business owners and investors with leasing and sales brokerage and advisory services throughout Boston and the South Shore.
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Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Shawmut Design and Construction breaks ground on the 195 District Park Pavilion in Providence, RI

Providence, RI Shawmut Design and Construction celebrated the ceremonial groundbreaking for the 195 District Park Pavilion, marking the start of construction on a facility that will feature year-round dining and support space for park operations. In addition to the 3,500 s/f building, the project will include infrastructure upgrades
The New England Real Estate Journal presents<br> the First Annual Project of the Year Award! Vote today!

The New England Real Estate Journal presents
the First Annual Project of the Year Award! Vote today!

The New England Real Estate proud to showcase the remarkable projects that have graced the cover and center spread of NEREJ this year, all made possible by the collaboration of outstanding project teams. Now, it's time to recognize the top project of 2024, and we need your vote!
Investing in a falling rate environment - by Harrison Klein

Investing in a falling rate environment - by Harrison Klein

Long-term interest rates have fallen by 100 basis points, and the market is normalizing. In December of 2022 I wrote an article about investing in a high interest rate, high inflation market. Since then, inflation has cooled off, and the Fed has begun lowering their funds rate.
The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The 2024 CRE markets: “The Ups” (industrial) and “The Downs” (Boston class B/C office) - by Webster Collins

The industrial markets have never been stronger. What has happened is that the build out of Devens with new high-tech biotech manufacturing with housing to service these buildings serves as the connector required to really make the I-495 West market sizzle. Worcester has been the beneficiary